In a recent market study published by Fact.MR, the current and future prospects of the Pickleball Equipment Market are thoroughly analyzed. Further, the report includes an in-depth analysis of the various factors that are likely to control the growth trajectory of the Pickleball Equipment Market in the upcoming years. In addition, a qualitative and quantitative assessment of the various market segments is enclosed in the report and accurately represented in the form of tables, graphs, and figures.
The report indicates that the Pickleball Equipment Market is expected to register a CAGR growth of ~XX% over the forecast period and reach a value of ~US$XX by the end of 2018 to 2028. The report elaborates on the micro and macro-economic factors that are projected to influence the growth of the Pickleball Equipment Market in the upcoming years.
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Essential Findings of the Report
- Factors that are likely to impede the growth of the Pickleball Equipment Market over the forecast period 2018 to 2028
- Competition analysis that provides intricate details related to the business prospects of leading market players
- Major trends influencing the dynamics of the Pickleball Equipment Market
- Y-o-Y growth of each market segment
- Pricing strategies of various market players in the Pickleball Equipment Market
Important questions pertaining to the Pickleball Equipment Market catered to in the report:
- What is the projected revenue generated by some prominent market players in the Pickleball Equipment Market?
- What are the prospects of the Pickleball Equipment Market in region 1?
- What is the scope for innovation in the Pickleball Equipment Market?
- How have government policies impacted the dynamics of the Pickleball Equipment Market in various regions?
- Which region has the highest concentration of tier 1 companies?
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Opportunities Flourish in Pickleball Sport & Equipment
Pickleball is witnessing a boom, with nearly 40% increase in the sport’s participation in the U.S. alone, according to the USA Pickleball Association (USAPA). Companies manufacturing pickleball equipment, such as Pickle Pro, are opening their own retail stores to boost their sales. Numerous sports equipment manufacturers are leveraging the opportunity, as the sport of pickleball expands beyond Baby Boomers and the retirees. New pickleball peddlers are on the rise, meanwhile well-established sporting goods manufacturers are entering the game.
A number of leading tennis companies are also entering into the pickleball courts, for example, Franklin and Head have their own booths for promoting their products. With the rise in pickleball’s popularity, companies are eyeing to capitalize on latent opportunities that the sport holds. Facilitated game and low-impact attributes of the sport have enhanced its accessibility to participants across all age-groups and athletic skills. Companies, such as Clay, have commenced introducing and selling lifestyle clothing, and are barely keeping up with demand.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
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